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Category Archives: Uncategorized

AMC says it’s no longer in talks to acquire theaters from bankrupt Cineworld

AMC has ended talks to acquire Cineworld’s theaters following another quarterly loss.

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Survey shows a Costco membership fee hike would face little resistance — we think so, too

Most American shoppers say they are willing to pay more for their retail club memberships — a sentiment that bodes well for Costco (COST).

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Home sales tumbled more than 7% in November, the 10th straight month of declines

Home sales dropped an unusually sharp 7.7% in November, as high mortgage rates and home prices keep buyers on the sidelines.

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H&M removes Justin Bieber merchandise following criticism from pop star

H&M will no longer sell a line of Justin Bieber merchandise after the musician told fans he didn’t “approve” of the clothing bearing his name […]

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Judge pauses SEC case in alleged NJ deli stock fraud in favor of criminal probe

A federal judge ruled that the SEC will pause its fraud case involving a New Jersey deli to avoid overlap with the DOJ’s ongoing litigation.

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Under Armour picks Marriott exec Stephanie Linnartz to be new CEO after seven-month search

Under Armour ended its seven-month search for a new CEO by announcing that it had hired Marriott executive Stephanie Linnartz to take the job.

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Wall Street analysts are more confident in Nike’s outlook after strong earnings, improving inventory

Nike reported a surprise beat, and has made progress on clearing its inventory backlog.

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5 things to know before the stock market opens Wednesday

Here are the most important news items that investors need to start their trading day.

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Jefferies downgrades Starbucks, says recession could hurt consumer spending in 2023

The firm is concerned a recession could hurt discretionary spending and same-store sales at the coffee chain.

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I drove hundreds of miles ‘hands-free’ in GM, Ford and Tesla cars – here’s how it went

CNBC’s Michael Wayland recently tested “hands-free” systems from Tesla, GM and Ford. Theirs are among the most readily available and dynamic on the market.

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